Saudi Arabia Launches Pioneering AI Venture Fund to Back Next-Gen Startups
RSG has entered into a strategic partnership with Bunat Ventures Limited to launch a first-of-its-kind venture fund focused on AI-driven startups in Saudi Arabia. As a result, the new AI Venture Fund will invest in early- and growth-stage companies that are either AI-native or rely on AI as a core business driver. Moreover, over the next three years, the Fund plans to support around 25 startups through pre-seed and growth-stage investments.
Support beyond capital
In addition to funding, the Fund will provide investee companies with access to advanced infrastructure and a cutting-edge environment to test and refine technologies within RSG’s operational framework. Consequently, this approach is expected to accelerate startup development into national and regional AI champions. At the same time, the initiative focuses on Saudi-based entrepreneurs and Saudi-founded global ventures expanding into the Kingdom. Therefore, it aims to unlock new pathways for innovation, job creation, and digital excellence.
Ecosystem impact and leadership vision
According to the statement, the Fund is expected to act as a catalyst for the local innovation ecosystem by fostering collaboration between investors, academia, and technology partners. Furthermore, it is set to attract global talent and promote knowledge exchange, ensuring long-term value creation and sustainable growth.
Sultan Moraished said, “At RSG, we view innovation as a catalyst for a regenerative future. This partnership with Bunat VC reflects our belief that technology is fundamental to sustainability, enabling us to invest in bold ideas that will accelerate the Kingdom’s digital transformation and inspire global progress.”
Khaled Zainalabedin, CEO and Managing Partner at Bunat VC, said that, “Our collaboration with RSG brings together visionary development and agile venture capital. Together, we are building a platform to empower the next generation of Saudi AI pioneers who will redefine industries, shape communities, and strengthen Saudi Arabia’s leadership in the global innovation arena.”
